The latest issue of Urban Aging News highlights an article on The Ladybird Deed written by Norman “Gene” Richards. The article provides an overview of the ladybird deed, along with the benefits and challenges that come with that method of transferring property when a person dies. Urban Aging News is a quarterly publication that provides information, insight, and inspiration for Metro Detroit’s maturing adults. Check out the Spring 2022 issue here.
Norman E. “Gene” Richards is an attorney in our Livonia office where he focuses his practice on estate planning and elder law. He assists clients with the development of customized estate plans to address their specific needs, including family owned businesses, senior adults concerned about long term care needs, and special needs trusts for children with special needs. He may be reached at (734) 261-2400 or email@example.com.
Gene Richards and CMDA have teamed up with Dignity Memorial to present four free online webinars each focusing on an important estate planning/elder law topic. Register today by calling (734) 261-2400 or emailing firstname.lastname@example.org.
The government has begun to deposit economic stimulus payments to those with direct deposit set up with the IRS. The process of issuing payments will take several weeks and people will receive them at varying times. Those with direct deposit will receive funds first.
You may visit the IRS FAQ page for the most up-to-date answers to your questions, including:
Will I get a payment?
How much will my payment be?
How and when will I receive it?
Do I need to do anything to get it?
If you are worried about whether you or your family have the right legal documents in place in a health emergency or sudden death, contact one of our estate planners. They are available to answer your questions about wills, trusts and powers of attorney during this time of uncertainty.
In this video, Attorney Gene Richards speaks about a free resource you can use to put a will or medical power of attorney in place without the use of an attorney in an emergency situation. In an emergency, it is better to have something in writing than nothing. It’s always best to work with an attorney for your legal documents, and you should not copy documents from the Internet or try to draft them yourself. In a pinch, however, Mr. Richard’s recommends a Michigan resource that includes a statutory Will, medical POA and for organ donation. These documents, which have been vetted by attorneys and approved by the state legislature, can be found be clicking here.